The following Business Case is constructed properly.
"During fiscal year 2008 the warranty returns for electric razor Model 312 were 1.3%. This represents a gap of 0.5% over target costing the company $18,500 per month."
The term FMEA is an abbreviation for Failures Measure Effective Automation.
The Mann-Whitney Test is used to test if the Means for two samples are different.
Which of these statements describe an undesirable situation when implementing SPC? (Note: There are 2 correct answers).
It is a Type I error if we reject the Null Hypothesis when it is actually true.